Louisiana State Employees Retirement System Makes New $12.94 Million Investment in The Goldman Sachs Group, Inc. $GS

Louisiana State Employees Retirement System acquired a new position in The Goldman Sachs Group, Inc. (NYSE:GS) during the 1st quarter, Holdings Channel reports. The fund acquired 15,300 shares of the investment management company’s stock, valued at approximately $12,944,000.

Several other hedge funds also recently bought and sold shares of GS. Dagco Inc. increased its position in The Goldman Sachs Group by 375.0% during the 1st quarter. Dagco Inc. now owns 133 shares of the investment management company’s stock worth $113,000 after purchasing an additional 105 shares in the last quarter. Tower View Wealth Management LLC grew its holdings in The Goldman Sachs Group by 2,200.0% in the first quarter. Tower View Wealth Management LLC now owns 2,070 shares of the investment management company’s stock valued at $1,751,000 after purchasing an additional 1,980 shares during the period. First American Bank grew its stake in shares of The Goldman Sachs Group by 0.4% during the 1st quarter. First American Bank now owns 38,956 shares of the investment management company’s stock valued at $32,956,000 after buying an additional 142 shares during the period. Silver Oak Securities Incorporated increased its stake in The Goldman Sachs Group by 26.8% during the first quarter. Silver Oak Securities Incorporated now owns 1,618 shares of the investment management company’s stock worth $1,369,000 after acquiring an additional 342 shares during the last quarter. Finally, Fiduciary Alliance LLC increased its position in The Goldman Sachs Group by 62.5% during the 1st quarter. Fiduciary Alliance LLC now owns 2,455 shares of the investment management company’s stock worth $2,208,000 after purchasing an additional 944 shares in the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Insider Buying and Selling

In related news, insider Alex S. Golten sold 1,116 shares of the company’s stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $936.18, for a total transaction of $1,044,776.88. Following the transaction, the insider directly owned 2,578 shares of the company’s stock, valued at approximately $2,413,472.04. The trade was a 30.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Denis P. Coleman sold 6,857 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $973.55, for a total transaction of $6,675,632.35. Following the completion of the sale, the chief financial officer directly owned 31,070 shares of the company’s stock, valued at $30,248,198.50. This trade represents a 18.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 33,681 shares of company stock worth $31,737,875. Company insiders own 0.55% of the company’s stock.

Trending Headlines about The Goldman Sachs Group

Here are the key news stories impacting The Goldman Sachs Group this week:

• Positive Sentiment: Goldman Sachs boosted its dividend after passing the Federal Reserve’s 2026 stress test, signaling stronger capital resilience and leaving room for larger shareholder returns. Goldman Sachs Increases Dividend After Strong Fed Review
• Positive Sentiment: Wells Fargo raised its price target on Goldman Sachs to $1,195 and kept an Overweight rating, implying more upside if earnings and trading results stay strong. Wells Fargo target raise on Goldman Sachs
• Positive Sentiment: Analysts said Goldman’s equities trading revenue could top $5 billion again in Q2, reflecting sustained market volatility and active client trading that should support results. Goldman’s Equities Trading Momentum Points to Another Strong Quarter
• Positive Sentiment: Goldman Sachs is expected to post double-digit earnings growth in its upcoming second-quarter report, which could further support the stock if it beats expectations. Here’s What to Expect From Goldman Sachs’ Next Earnings Report
• Neutral Sentiment: Rothschild & Co Redburn lifted its price target to $920 but kept a Neutral rating, which suggests a more cautious view despite the higher target. Rothschild & Co Redburn adjusts PT on Goldman Sachs
• Neutral Sentiment: Goldman also remained active in advisory and financing markets, including leading a $110 million AI-focused funding round for Taktile, highlighting continued deal-making but not a direct stock catalyst. Taktile Secures $110M in Goldman Sachs-Led Series C to Power AI Transformation in Financial Institutions
• Negative Sentiment: One market note said Goldman Sachs increased its estimate of U.S. jobs displaced by generative AI to more than 9% over 10 years, a headline that could feed broader concerns about labor disruption and regulation. Goldman Sachs Says AI Will Eliminate 15 Million US Jobs

The Goldman Sachs Group Stock Performance

Shares of NYSE GS opened at $1,065.08 on Friday. The stock has a fifty day moving average price of $993.94 and a two-hundred day moving average price of $927.55. The Goldman Sachs Group, Inc. has a 1 year low of $670.51 and a 1 year high of $1,125.00. The firm has a market cap of $314.21 billion, a P/E ratio of 19.46, a PEG ratio of 1.40 and a beta of 1.30. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.63 and a current ratio of 0.63.

The Goldman Sachs Group (NYSE:GS) last released its earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $15.92 by $1.63. The firm had revenue of $17.23 billion for the quarter, compared to analyst estimates of $16.66 billion. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The Goldman Sachs Group’s revenue was up 14.4% compared to the same quarter last year. During the same period in the previous year, the company earned $14.12 earnings per share. Research analysts forecast that The Goldman Sachs Group, Inc. will post 59.6 EPS for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be issued a $4.50 dividend. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s payout ratio is presently 32.89%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. CICC Research raised their price objective on The Goldman Sachs Group from $825.00 to $980.00 and gave the company an “outperform” rating in a research report on Tuesday, May 19th. Zacks Research cut The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. UBS Group increased their price objective on shares of The Goldman Sachs Group from $930.00 to $940.00 in a research note on Wednesday, May 6th. Evercore reduced their target price on The Goldman Sachs Group from $1,075.00 to $950.00 and set an “outperform” rating on the stock in a report on Monday, April 6th. Finally, Bank of America reduced their price target on shares of The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Nine research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $960.68.

The Goldman Sachs Group Profile

The Goldman Sachs Group, Inc is a global investment banking and financial services firm headquartered in New York City. Founded in 1869 as a commercial paper business, the company has grown into a diversified financial institution that provides a broad range of services to corporations, financial institutions, governments and individuals. The firm is led by Chief Executive Officer David M. Solomon and operates across major financial centers worldwide.

Goldman Sachs’ core businesses include investment banking, global markets, asset and wealth management, and consumer banking.